This is a basic foundational view of the economic ideologies designed for non-experts who need a refresh. When a person calls themselves a communist, or a socialist, or a capitalist, what does that even mean?  What are the basic foundational principles behind each economic ideology? Why does understanding these systems at even just a basic level matter so much? I take these complex economic systems and make them approachable in this episode on Communism, Socialism, and Capitalism.  For more information on Wiser World:  Instagram: https://www.instagram.com/wiserworldpodcast/Website (sign up for email newsletter): https://wiserworldpodcast.com/To join the email list, click on the website link, and it will take you there. Song credit: "Heart of Indonesia" by mjmusics